KRAKEN:XRPUSD   XRP / U.S. Dollar
Broken out of the channel and re-testing now.
Major RSI divergence.
10 day MA crossed over 50.
Price now trading above 50.
Comment: So far so good , two nice green candles on the daily, off the double bottom/ yearly lows. We are looking to break out of this ascending triangle shortly, for a strong move to continue upwards.
Comment: Going for third consecutive green candle on the daily, a feat we've only seen 7 times this year as opposed to 25 on the bear side. Change of tide coming?

10 day SMA crossing over 50 on the 30 minute as we approach the end of this ascending triangle/flag pattern. Monthly highs resistance level of the triangle top coincides with resistance level of the year-long down trend. A break above could be huge.

Comment: Triangle broken
Comment: Broke past 3 strong resistance trendlines (one long term daily and 2 short term) also broke out of the continuation bull flag on the 2H. Great day
Comment: Bulls have seized control. 10 MA crossed over 50 on 4H, and now on every chart except daily (coming soon). Ran into resistance at .80 as expected, final reisstance level is around .97-1$, and then we break free. We will stay trending upwards above the MA. Put in a all time high in volume for the day today for XRP. Big things coming very soon with CBOE cryptocoin ETF decision Sept 30, Swell Oct 1 & 2, X-Rapid launch, Ripple Q3 report, SEC decision on XRP's (non) security classification & Bakkt.
Comment: 4H Chart, we have been consolidating all week before Swell , forming this symmetrical triangle which we just broke out of. 20EMA has been a great support for us.
Comment: 3 Week consolidation is over. We have not looked back since my original post where I called the bottom. It's safe to assume we are passing 50 cents for good this time.

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